Rockies sign closer Wade Davis to a three-year, $52 million deal

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Jeff Passan of Yahoo reports that Wade Davis has agreed to a three-year, $52 million deal with the Colorado Rockies. There’s also a fourth-year vesting option that could make the deal worth $66 million. The guaranteed average of $17.33 million is the highest per-year salary ever for a relief pitcher, surpassing the $15 million a year the Yankees are paying Aroldis Chapman.

Davis, 32, saved 32 games for the Cubs in 2017, posting a 2.30 ERA and a 79/28 K/BB ratio in 58 2/3 innings. He spent the previous four seasons with the Kansas City Royals, helping them to a World Series title in 2015, when he posted an astounding 0.94 ERA in 69 games out of the pen. Davis will take the place of his former Royals teammate Greg Holland, who closed for the Rockies in 2017 but who is now a free agent.

The Cubs had made Davis a qualifying offer, but he rejected it, meaning that the Rockies will send Chicago a draft pick as compensation.

Tyler Glasnow scheduled to rejoin Rays’ rotation

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ST. PETERSBURG, Fla. — Tampa Bay Rays right-hander Tyler Glasnow is scheduled to rejoin the rotation at Cleveland after missing nearly 14 months because of Tommy John surgery.

The Rays’ Opening Day starter last year hasn’t pitched this season after undergoing the procedure on Aug. 4, 2021.

“I think we’re pretty confident he’ll be starting for us,” Tampa Bay manager Kevin Cash said before the game with Toronto. “This is the first time he’s thrown pain-free in quite some time, so he’s encouraged by it.”

The 6-foot-8 right-hander went 5-2 with a 2.66 ERA in 14 starts last year and is a key addition as the Rays near a wild-card spot.

“Compared to the past, like, three years it feels way better as far as postday and the week leading into starts and stuff,” Glasnow said. “It’s good to have an UCL, you know.”

Cash said Glasnow will throw around 45 pitches in his initial outing, which should allow him to go two or three innings.

“Two innings of Glasnow is still a huge plus for our team,” Cash said. “Like to get three innings. If we do, great. If we don’t, that’s fine, too.”

Glasnow allowed one run, one hit, four walks and had 14 strikeouts over seven innings in four starts with Triple-A Durham.

“I’m really excited,” Glasnow said. “I’m approaching it like normal, staying on routine. Feels normal.”

Glasnow signed a two-year, $30.35 million contract that will delay the start of his free agency by one year last month. He’s making $5.1 million this year and will get $5.35 million next season and $25 million in 2024, which is the first year he would have been eligible for free agency.